Rumors and statements from Russia and Ukraine regarding a possible ceasefire agreement pressured CBOT markets Wednesday while sending U.S. stocks sharply higher. On Tuesday, Russian President Putin said peace talks were stalled but Ukrainian President Zelensky indicated that talks were still in progress and hinted at a possible end to the war in May. This afternoon, Russia’s Foreign Minister indicated there was hope for compromise. There is no solid indication of when/where talks may occur or when the war will end, but today’s news points out that headline risk is very real for the CBOT. Volatility will remain the dominant feature of ag markets until a meaningful peace is established in Ukraine. For the day, funds sold some 25,...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.